3 ms·
What you read on this whole topic from most any source (yes, including me) is arguably suspect. This even including audited postings based on FASB rules, given
by Hoff 17y ago
What you read on this whole topic from most any source (yes, including me) is arguably suspect.
This even including audited postings based on FASB rules, given what's been allowed under that in recent times.
This whole area is incredibly murky, and there's way too much spin generated from all sides.
Here's a different view of the numbers behind the "profit":
http://www.huffingtonpost.com/dean-baker/did-we-make-a-profit-on-c_b_522624.html http://www.huffingtonpost.com/dean-baker/did-we-make-a-profi...
The loans that are available from the US treasury are a huge amount of cash flowing into certain businesses, for instance.